Applied Digital Corporation (APLD)
| Market Cap | 11.70B +668.0% |
| Revenue (ttm) | 319.26M +66.1% |
| Net Income | -192.49M |
| EPS | -0.74 |
| Shares Out | 285.77M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 15,603,043 |
| Open | 41.22 |
| Previous Close | 39.62 |
| Day's Range | 39.27 - 41.43 |
| 52-Week Range | 9.02 - 50.73 |
| Beta | 5.64 |
| Analysts | Strong Buy |
| Price Target | 66.77 (+63.07%) |
| Earnings Date | Apr 8, 2026 |
About APLD
Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The c... [Read more]
Financial Performance
In fiscal year 2025, Applied Digital's revenue was $144.19 million, an increase of 5.54% compared to the previous year's $136.62 million. Losses were -$233.68 million, 56.5% more than in 2024.
Financial StatementsAnalyst Summary
According to 11 analysts, the average rating for APLD stock is "Strong Buy." The 12-month stock price target is $66.77, which is an increase of 63.07% from the latest price.
News
Applied Digital signs $5.2 billion AI data center lease with U.S. hyperscaler
Applied Digital has signed a 15-year lease with a U.S.-based hyperscaler at its Delta Forge 2 site which is expected to generate about $5.2 billion in revenue over the period, sending the company's ...
Applied Digital announces new long-term lease agreement at Delta Forge 2
Applied Digital (APLD) announced it has entered into a new long-term lease agreement at Delta Forge 2, a purpose-built AI Factory campus located in a new southern state. The lease…
Applied Digital Signs 210 MW Lease at Delta Forge 2, Expanding Its AI Factory Franchise Model to a Fifth Campus
DALLAS, June 08, 2026 (GLOBE NEWSWIRE) -- Applied Digital (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services for artific...
Applied Digital Stock (APLD) Rises as Data Center Developer Arms Up with New Capital
Data center developer Applied Digital Corporation’s ($APLD) shares edged higher on Monday after securing up to $550 million in new capital to further build out its AI infrastructure. The Texas-based…
Applied Digital Secures Revolving Credit Facility of Up To $550 Million in Support of Strategic Growth
DALLAS, June 08, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD) (“Applied Digital” or the “Company”), a leading designer, builder and operator of high-performance, sustainably eng...
Bitcoin's high conviction holders are turning into sellers as the crypto's price hits new lows
In the past two days, bitcoin's highest conviction holders have sold about $2.4 billion in bitcoin. Of the bitcoin sold in the past 30 days, 26% came from investors who bought it above $90,000.
3 Overlooked ‘Strong Buy’ Data Center Stocks, 6/2/26
GDS Holdings ($GDS), NEXTDC Limited ($NXDCF), and Applied Digital ($APLD) are the three data center-related names that hold significant upside and carry a Strong Buy rating from Wall Street, according...
3 ‘Strong Buy’ Data Center Stocks, 5/29/26
Applied Digital ($APLD), Arista Networks ($ANET), and Equinix ($EQIX) are the three data center-related names that hold significant upside and carry a Strong Buy rating from Wall Street, according to…
Applied Digital CEO Wes Cummins on AI buildout, hyperscaler demand and spending
Applied Digital chairman and CEO Wes Cummins joins CNBC's 'Squawk on the Street' discuss the company's new $7.5 billion hyperscaler lease, the demand for hyperscaler and spending trends.
Applied Digital price target raised to $66 from $53 at B. Riley
B. Riley raised the firm’s price target on Applied Digital (APLD) to $66 from $53 and keeps a Buy rating on the shares. The firm says the pace and magnitude…
Applied Digital Stock Price Forecast 2026 — What Financial Analysts Expect Right Now
Applied Digital ($APLD) stock has surged 540% over the past year and 88% so far this year as investors grow more bullish on the company’s expanding AI data center business…
The Big 3: BE, APLD, AAPL
Tim Bohen (@Stockstotrade) believes the stock market remains resilient despite all of the volatility surrounding global trade. His bull thesis revolves around the AI evolution and highlights stocks he...
Needham says Polaris Forge 3 lease agreement could drive Applied Digital stock higher
Applied Digital (APLD) rallied on May 21 after Needham said the firm's 15-year lease agreement for 300 MW of critical capacity at its advanced Polaris Forge 3 data center campus in North Dakota will d...
Applied Digital (APLD) Stock Is Climbing Today – Here’s Why Top Analysts Are Raising Price Targets
Applied Digital (NASDAQ:APLD) stock is on the move today, up by 20% at the time of writing, and not for the first time over the past year. Shares of the…
Applied Digital price target raised to $70 from $55 at Lake Street
Lake Street analyst Rob Brown raised the firm’s price target on Applied Digital (APLD) to $70 from $55 and keeps a Buy rating on the shares. Applied is building “a…
Applied Digital price target raised to $66 from $51 at Needham
Needham raised the firm’s price target on Applied Digital (APLD) to $66 from $51 and keeps a Buy rating on the shares. The company announced a 300MW lease at Polaris…
Applied Digital price target raised to $60 from $40 at Citizens
Citizens raised the firm’s price target on Applied Digital (APLD) to $60 from $40 and keeps an Outperform rating on the shares. Applied Digital has rapidly strengthened its position as…
Applied Digital Reaches Significant Milestone, Surpassing 1 GW of Contracted Capacity with U.S. Based High Investment-Grade Hyperscaler Lease at Fourth Campus, Polaris Forge 3
Applied Digital signs $7.5B long-term lease agreement with U.S. based high investment-grade hyperscaler for fourth AI Factory campus, Polaris Forge 3.
Applied Digital Completes Separation of Cloud Business, Establishing ChronoScale as Independent Public Company
ChronoScale to begin trading on Nasdaq under ticker CHRN Applied Digital to retain approximately 97% ownership and invest $15.75 million at closing DALLAS, May 05, 2026 (GLOBE NEWSWIRE) -- Applied Dig...
Applied Digital Announces $300 Million Senior Secured Bridge Facility
DALLAS, May 04, 2026 (GLOBE NEWSWIRE) -- Applied Digital Corporation (NASDAQ: APLD), a designer, builder, and operator of high-performance, sustainably engineered data centers and colocation services ...
Applied Digital signs $7.5 billion AI data center lease with US hyperscaler
Applied Digital has signed a long-term lease worth $7.5 billion with an unnamed U.S.-based hyperscaler at its new Delta Forge 1 site, it said on Thursday, strengthening its position as a data center ...
Applied Digital Announces New U.S. Based High Investment-Grade Hyperscaler Tenant at Delta Forge 1, a 430 MW AI Factory Campus
In a $7.5 billion deal, Applied Digital entered into a lease agreement with a new U.S. based high investment-grade hyperscaler at Delta Forge 1 AI campus.
Applied Digital Slides: Investor presentation
Applied Digital has posted slides in relation to its latest quarterly earnings report, which was published on April 21, 2026.
Applied Digital Earnings Call Transcript: Q3 2026
Revenue surged 139% year-over-year to $126.6 million, with adjusted EBITDA of $44.1 million and strong growth in HPC and data center segments. Construction and financing milestones were achieved, and demand for AI data centers remains robust, with significant expansion and refinancing plans underway.
Applied Digital Quarterly report: Q3 2026
Applied Digital has published its Q3 2026 quarterly earnings report on April 8, 2026.